Will Silver Bounce Back?

The silver market cooled down mainly at the beginning of last week. The recent disappointing non-farm payroll report didn’t pull back up (by much) the price of silver. Moreover, even the latest surprise from the ECB to slash its rate…

Gold and Silver Forecast for September 8-12

Precious metals, much like other commodities, kicked off last week with a plunge in prices. As the week progressed, bullion prices remained relatively flat even after the ECB surprised the markets with a rate slash and promise of an ABS…

Financial Market Forecast for September 8-12

Most commodities tumbled down last week, while USD recovered against leading currencies mainly against the Euro after the recent ECB rate decision. This week, in the U.S several economic reports will be released including JOLTS, retail sales, consumer sentiment, and…

GLD: What are the advantages of holding this ETF?

I’m not a big fan of precious metals ETFs. They follow bullion prices, and investors pay a fee for holding the ETF. The only return for an investor is the potential rise in precious metals prices. Conversely, bullion miners or…